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(单词翻译:双击或拖选)
1.The price of pork
While many China-watchers fret1 about the consequences of a collapse2 of China’s stockmarket, Wen Jiabao, the prime minister, seems more worried about the risk of social unrest as a result of the rocketing price of pork. A 50% rise in the average nationwide price over the past year is causing squeals3 of alarm. Last week Mr Wen went so far as to visit a farm to show he is taking the issue seriously.
Mr Wen promised that the government would act to ensure adequate supplies of pork; if necessary, to stabilise prices it can release stocks from its strategic reserves of both frozen pork and live pigs. Pork is China’s staple4 meat. The average person eats more pork than in any country other than Germany. But it accounts for almost 4% of China’s consumer-price basket, against less than 1% in Germany. Rising pork prices could therefore push up China’s inflation rate over coming months. Jiming Ha, chief economist5 at China International Capital Corporation, estimates that inflation will rise to 3.4% in May, from 3% in April.
2.Inflation
"China faces the potential risk of drastic economic fluctuation6, while tackling the biggest challenges of soaring prices amounting inflationary pressure",Premier7 Wen jiabao said on Tuesday.
"We need to blaze a trail in between", he said at the Press Conference after the closing meeting of the first session of the Eleventh national People's Congress. Wen, who is reappointed premier on Sunday, said "this government will ensure rapid and stable economic development and at the same time to effictively hold down inflation and address problems of unstable8, uncoordinated and unsustainable development".
Secondly9, he said that the Chinese Government need the courage and determination to further free people's mind in order to make new breakthroughs in the form of economic and political systems.
Thirdly, he said it is important for the government to strengthen social justice and equity10, which means to respect everyone, protect the lawful11 rights and interests of all and ensure everyone enjoys equal opportunities for development. "If the development of economy and the improvement of people's livelihood12 are the bounding duties of the government, then the promotion13 of social justice and equity is the conscience of the goverment".
The premier also stressed cultural advancement14 and higher ethical15 standards in China, including higher credibility, integrity, tolerance16, fraternity and morality."To ensure this country will become stronger and more prosperous, to build a society of equity and justice, to ensure the people live a happy life, our children can go to school and our nation is duly respected in the international community, I'm willing to dedicate myself wholeheartedly to this cause," he said.
In his government work report to the NPC session, Wen said the country was facing "increasing inflationary pressures" and the task of holding down inflation was "difficult".
"The current price hikes and increasing inflationary pressures are the biggest concern of the people," he said.
Last year, China's consumer price index (CPI), a barometer17 of inflation, rose by 4.8 percent year-on-year, the highest since 1997 and well above the government target of 3 percent.
A week after Wen announced the country's goals to keep inflation at around 4.8 percent, the National Bureau of Statistics said last week inflation climbed to a nearly 12-year high of 8.7 percent in February, driven by a 23.3 percent jump in food prices.
The year 2008 may be the most difficult year for China's economy, Wen said. "It will be harder to make decisions."
1 fret | |
v.(使)烦恼;(使)焦急;(使)腐蚀,(使)磨损 | |
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2 collapse | |
vi.累倒;昏倒;倒塌;塌陷 | |
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3 squeals | |
n.长而尖锐的叫声( squeal的名词复数 )v.长声尖叫,用长而尖锐的声音说( squeal的第三人称单数 ) | |
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4 staple | |
n.主要产物,常用品,主要要素,原料,订书钉,钩环;adj.主要的,重要的;vt.分类 | |
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5 economist | |
n.经济学家,经济专家,节俭的人 | |
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6 fluctuation | |
n.(物价的)波动,涨落;周期性变动;脉动 | |
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7 premier | |
adj.首要的;n.总理,首相 | |
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8 unstable | |
adj.不稳定的,易变的 | |
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9 secondly | |
adv.第二,其次 | |
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10 equity | |
n.公正,公平,(无固定利息的)股票 | |
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11 lawful | |
adj.法律许可的,守法的,合法的 | |
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12 livelihood | |
n.生计,谋生之道 | |
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13 promotion | |
n.提升,晋级;促销,宣传 | |
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14 advancement | |
n.前进,促进,提升 | |
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15 ethical | |
adj.伦理的,道德的,合乎道德的 | |
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16 tolerance | |
n.宽容;容忍,忍受;耐药力;公差 | |
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17 barometer | |
n.气压表,睛雨表,反应指标 | |
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